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I removed the section on Terra. Like I said, I didn’t want to get into complicating the explanation, but point taken on the nature of algorithmic stables as opp
by ryanSrich 4y ago
I removed the section on Terra. Like I said, I didn’t want to get into complicating the explanation, but point taken on the nature of algorithmic stables as opposed to collateralized one. The point I was trying to make was that Terra actually did have collateral, in the form of BTC.